While retirees won’t be getting as much of an increase in their Social Security checks in 2020, the Part B premium, is expected to go up considerably more than it did this year. In 2019, most beneficiaries paid $1.50 pe ...
Category: Medicare Part B Articles
How Rising Medicare Part B Premiums May Impact Your Social Security Benefits
Medicare Part B premiums are automatically deducted from Social Security benefits, and older households are frequently surprised at how much rising Medicare premiums can take out of those monthly payments. TSCL estimate ...
Benefit Bulletin: July/August 2019
Rick Delaney, Chairman of the Board Proposal Would Make it Harder To Qualify For Medicare Savings Programs The Trump Administration has proposed a change that would make it harder for older adults with low incomes ...
What Happens to Medicare Part B Premiums When There’s a Very Low COLA
Inflation data through April suggests that the annual cost-of-living adjustment (COLA) for 2020 could be very low, perhaps 1.2%. Even though Social Security recipients received the highest COLA since 2012 this year —2.8 ...
What Striking Down Obamacare Could Mean For Medicare
The recent decision by a federal judge in Texas to declare Obamacare unconstitutional is likely to become the center of a lengthy legal battle that could reach the Supreme Court. If the decision to strike down Obamacare ...
President Announces Plan to Tie Drug Prices to Prices Paid In Other Industrialized Countries — Will it Work?
By Mary Johnson, editor President Trump recently announced a new proposal to bring down the cost of certain expensive Part B prescription drugs. The plan is meeting with skepticism from leading health policy experts, ...
When Your Cost-of-Living Adjustment is Completely Taken by Your Part B Premium
By Mary Johnson, editor Danette D., a retiree living in Missouri, is looking forward to finally seeing a boost in her Social Security benefits in the New Year, due to a 2.8% cost-of-living adjustment (COLA) for 2019. ...
Benefit Bulletin: December 2018
If You Can’t Afford Your Medicare Part B Costs, Apply for a Medicare Savings Program The Medicare Part B premium for doctors and hospital outpatient care is one of the most misunderstood expenses that retirees have. ...
How the Medicare Part B Premium Increase Will Affect Benefits in 2019
The Social Security Administration recently announced that the annual cost-of-living adjustment (COLA) will raise benefits by 2.8% for 2019. The average retirement benefit of $1,400 will increase by $39.20 per month, to ...
Benefit Bulletin: April 2018
Easier Said Than Done: Public Unconvinced That Medicaid Spending Should Be Cut By Chairman Art "Coop" Cooper About one in five older and disabled Medicare beneficiaries has income so low that their state Medicaid p ...
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